Nokia Sells (not the) Last Europe Based Factory; Salo, Finland
Following with Nokia’s strategy of cutting costs and moving manufacturing factories to Europe and South America, the Salo factory in Finland (announced to be shut down earlier this year) has now been officially sold to a drug manufacturing company. With it ends the era of Nokia phones stamped “made in Finland”; moving on to phones coming from Korea, Brazil, Russia and mostly China. Without mincing words this is a huge blow for Nokia’s Finnish pride, here in the Middle East phones made in Finland have a greater value to costumers, usually making them willing to pay up to $50 more than the same phone that’s made in China. Silver lining is there are no more factories left to close…
Update from Jay:
We got word from Nokia that the Salo plant is not the last European Nokia factory. Nokia still has a factory in Komárom, Hungary.
Category: Nokia
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